|
Palm oil under pressure and its adjustment
Palm oil prices seen range-bound in February amid supply curbs, biodiesel policy clarity
Malaysian palm oil futures closed higher for the second day in a row on Tuesday
Challenges emerge for plantations this year
Indonesia to raise crude palm oil export levy to fund biodiesel, replanting initiatives
19/05/2025 (ANN/The Jakarta Post) - The Indonesian government will raise its export levy on crude palm oil (CPO) from 7.5 per cent to 10 per cent of the reference price, in a move aimed at financing its national biodiesel programme and supporting replanting efforts in the sector.
Kazakhstan Ranks Among World’s Top 10 Sunflower Oil Exporters for First Time
16/05/2025 (The Astana Times), Astana - For the first time, Kazakhstan has entered the top 10 largest exporters of sunflower oil worldwide, taking eighth place in 2024, as was announced during a May 15 roundtable dedicated to developing the export potential of the oil and fat industry, reported the Trade and Integration Ministry.
CPO Futures Ends Higher, Tracking Gains In Soybean Oil Market
14/05/2025 (Bernama), Kuala Lumpur - The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday, extending its gains by tracking the uptrend in the soybean oil market, said palm oil trader David Ng.
Palm oil stocks expected to climb 15pct in May on increased output
14/05/2025 (New Straits Times), Kuala Lumpur - Palm oil inventories are expected to rise by 15 per cent month-on-month (MoM) in May to 2.15 million tonnes, driven by stronger production.
Indonesia raises CPO export levy to 10%, effective May 17
14/05/2025 (Reuters), Jakarta - Indonesia will raise its crude palm oil (CPO) export levy starting May 17 to 10% of its CPO reference price from 7.5% currently, in order to finance the country's increased biodiesel blending mandate, a regulation signed on Wednesday showed.
Palm oil export strategy shifts amid India-Pakistan conflict
14/05/2025 (Antara), Jakarta - The Ministry of Agriculture announced that the Indonesian government is open to potential new markets for palm oil exports as part of mitigation amid the India–Pakistan conflict.
Digital transformation to boost Indonesia’s palm oil industry: govt
14/05/2025 (Antara) Jakarta - Digital transformation and the use of technology play a crucial role in accelerating palm oil downstreaming in Indonesia, according to a senior agriculture official.
Golden Agri-Resources Q1 profit rises 47% to US$55 million on better plantation output
15/05/2025 (Business Times), Singapore - Golden Agri-Resources (GAR) reported net profit of US$55 million for the first quarter ended Mar 31, up 47 per cent from US$37 million in the previous corresponding period. This was mostly driven by stronger plantation output and an appreciation in the price of crude palm oil, the company said on Thursday (May 15).
Malaysian palm oil surges on stronger soyoils
14/05/2025 (Reuters), Kuala Lumpur - Malaysian palm oil futures extended gains to the third straight session on Tuesday after a long holiday weekend, supported by stronger rival soyoils and a weak ringgit, but rising stocks limited gains.
